260 Torogay Street, Glasgow, Glasgow City

Description

Three bedroom mid terraced house on Torogay Street, Milton, close to amenities and transport links. The home report suggests the property will require some modernisation but upon completion of works would make a fantastic home.

Accommodation

Ground floor: entrance hallway, lounge, dining room and kitchen. First floor: three bedrooms and a bathroom. Gardens to the front and rear.

Location

Located within the popular Milton district, approximately three miles north of Glasgow City Centre. Nearby amenities include shops, schools and regular public transport services. Excellent road links provide access to Bishopbriggs, Glasgow City Centre and the Central Belt motorway network.

Tenure / Property Information

Investment Analysis

The £110,000 guide is not independently supported by supplied completed-sale comparables. The property requires some modernisation, but no quantified works scope or cost is provided. No sufficiently specific rental evidence is available. The 3.6% administration charge equals £3,960 at the guide price, subject to the stated minimum; other disbursements remain unknown.

Investment Snapshot

Strategy Recommendation

Do not set a bid or strategy until the legal pack, tenancy, access, condition, refurbishment scope, comparable sales and all purchaser disbursements are verified.

Works Required

Modernisation is indicated by the description, but the specific works, condition and costs require inspection and review of the legal pack. Tenant access may constrain surveys and works planning.

Rental & Market Context

Potential BRRR Position

BRRR cannot be quantified because GDV, refurbishment costs, rent and refinance valuation evidence are unavailable. The tenant-in-situ status and sale without possession require legal and tenancy due diligence before considering a refurbishment or refinance strategy.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is tenant in situ and sold without possession, so tenancy terms, rent and vacant possession position require verification.

Flip Analysis

A flip appraisal cannot be quantified because there are no supplied completed-sale comparables, GDV evidence, refurbishment costs or selling-cost allowance. The guide price plus the known £3,960 administration charge excludes unknown works and disbursements.

Investor Risks & Due Diligence

• Tenant in situ and sold without possession; tenancy terms, rent and possession position are unverified.

• Some modernisation is required, but the scope and cost are unknown.

• No completed-sale comparables are supplied to support market value or GDV.

• No sufficiently specific rental evidence is supplied, preventing yield analysis.

• Other auction disbursements may be payable but are not quantified.

• Survey and works planning may be affected by tenant access.

Recommendation

Do not set a bid or strategy until the legal pack, tenancy, access, condition, refurbishment scope, comparable sales and all purchaser disbursements are verified.

Strategy Rating

Analysis Confidence

Only basic property, guide-price, occupancy and administration-fee information is supplied; there are no completed-sale comparables, rental evidence, works costs or legal-pack disbursements.